£238,050
This estimated value is based upon the latest sale price for the house of £172,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for WREKIN 1
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Price Paid | Date |
---|---|
£172,000 | 18 Dec 2015 |
£159,995 | 2 May 2014 |
Detached |
Freehold |
Floor Area: 55 sq meters or 592 sq feet |
This model uses changes in the Official Land Registry House Price Index for WREKIN to estimate the market value.
When this house was purchased in December 2015 the House Price Index for WREKIN was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £172,000 results in an estimated price of approximately £238,050.
18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £172,000 | £66,050 | £238,050 |
The Postcode Pricing Model uses changes in average sales price within the TF4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 59.827 % | £102,902 | £274,902 |
3 Month Average | 34.448 % | £59,250 | £231,250 |
6 Month Average | 34.058 % | £58,579 | £230,579 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £211,853 | £210,000 | 26 MALVERN CRESCENT |
1 Jun 2023 | £109,324 | £108,000 | 40 CORBETT CLOSE |
22 Feb 2023 | £119,919 | £120,000 | LITTLE DAWLEY STORES HOLLY ROAD |
17 Jun 2022 | £116,648 | £115,000 | 12 CORBETT CLOSE |
12 May 2022 | £137,593 | £135,000 | HILL CREST |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Jan 2015. Using an estimated price of £238,050 means this house is valued at £4,328 per sq meter (£402 per sq foot).
There is one other house on the street which we know the size of, this is 4 HOLLY COURT HOLLY ROAD it is 62.0
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Corbett Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corbett Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Corbett Close |
Jan 2024 | Anti-social behaviour | On or near Corbett Close | |
Jan 2024 | Anti-social behaviour | On or near Corbett Close |